Rates and Regulatory Strategy Manager / Rates and Regulatory Strategy Director

Duke Energy•Charlotte, NC

1d•Hybrid

About The Position

The Rates and Regulatory Strategy Manager / Director will play an integral role in supporting regulatory activities and initiatives for Duke Energy’s regulated utilities in North Carolina and South Carolina. This position requires a strong understanding of regulated utility accounting and finance, coupled with a strategic approach to advancing business objectives within a complex regulatory environment. The successful applicant should be able to manage major work streams and work independently to keep processes on track to successful completion. They should be able to provide guidance to others (both internal and external to the group) and collaborate effectively with others within the Company. They will have a grasp on industry issues and emerging rules and proactively address how these issues may affect regulatory processes and adhere to proper ratemaking treatment. Developing good working relationships with internal and external customer groups is important. Must be proficient in conflict management and know how to listen attentively, as well as be able to communicate both orally and in written form proficiently. Must be able to present ideas and concepts clearly to broad groups.

Requirements

Bachelor’s degree in accounting, finance, business, mathematics or other related degree
Rates and Regulatory Strategy Manager: In addition to bachelor's degree, eight (8) years minimum of related work experience
Rates and Regulatory Strategy Director: In addition to bachelor's degree, ten (10) years minimum of related work experience

Nice To Haves

Experience in utility and/or regulatory work.
Familiarity with ratemaking concepts and principles (e.g. revenue requirement).
Project management skills.
Proficiency in Microsoft Excel, Word, and PowerPoint.
Excellent written and verbal communication skills.
Proven analytical and problem-solving abilities.
Keen attention to detail, with the ability to identify data irregularities and maintain a high level of accuracy.
Ability to influence others and gain support for proposals and recommendations.
Strong time management skills, with the capacity to meet deadlines and work independently with minimal supervision.
Ability to foster effective working relationships.
Advanced degree and/or professional certification (i.e., MBA, CPA).

Responsibilities

Support the integration of Duke Energy Carolinas, LLC (DEC) and Duke Energy Progress, LLC (DEP) into a single utility including retail riders, base rate cases and other cost recovery filings, and regulatory reporting.
Manage the Electric Rate Stabilization Adjustment under the terms of Article 24 in the South Carolina Energy Security Act (Act 41). This will include, but not be limited to, developing the revenue requirement, preparing the related schedules, managing the discovery process, performing financial analysis, etc.
Provide regulatory support for other Act 41 regulatory initiatives as needed ensuring appropriate cost recovery mechanisms are in place.
Support general rate cases by engaging in activities such as strategizing, researching, performing calculations and analysis, and providing data request, reviewing and drafting testimony and exhibits.
Effectively communicate regulatory and cost recovery concepts to both internal and external audiences, including internal management, external regulators, and customers.